ste CAM
July 8, 1896.]
Shirtings, English Shirtings and Drills have been booked, both from spot cargo and for arrival, of which we are unable to give particulars. The Tientsin and Newohwang dealers continue to be the chief operators and are buyers of any suitable cargo offering, and in cases where the available supply is short-they are willing to buy for arrival. It is reported that the Korean merchants have again been Luyers of Heavy Shirtings, but from the other dependencies we have nothing new to report. There has been a good revival in demand for Woollens and a large business has been done locally and for forward delivery. There has also been a good many transactions, estimated at 2,000 cases, among Chinese in Cotton Flannels and the prices, as reported to us, at which the sales were made, may be of interest to those connected with the business. Indian Head and Blue Lion Tls. 2.971. Two Bats Tls. 8.00, Crown Q Tis. 3.20, Crown P Tls. 3.30, Railway Tls. 4.10,
I
and Three Deershead Tla. 4.40.
Metals. (From Mr. Alex. Bielfeld's report).- 3rd July:-Business gets apparently quieter week by week and since my last no transactions are reported in Metals beyond one or two sales of small lots from stock and contracts for about 1,000 casks Iron Wire Nos. 11/25 "arrive." Nailrods are not enquired for "to arrive." Locally values are improving slightly, but deliveries are slow owing to the high rates of interest still charged by the native banks.
JOINT STOCK SHARES.
HONGKONG, 7th July-We have not any business of importance to report, but the market has ruled fairly active and rates steady.
BANKS.-Hongkong and Shanghais have continued neglected with sellers at 186 and 185 per cent. prem., and no buyers. At 182 to 183 per cent. prem. buyers would probably come in the market, so we consider it advisable to quote the buying rate of 182 cent. prem.. instead of the indefinite one of 185 per cent. sellers. It of course does not follow that shares are obtainable at the low rate, but there are no buyers over it at the moment. Na tionals remain on offer at $29 without finding buyers.
per
MARINE INSURANCES.-China Traders con- tinue at $79 with small sales and sellers. Can. tons, Unions, and North Chinas have all been offered at quotations during the week and small sales have resulted. Yangtszes have improved in the North to $150 with sales, and Straits have declined to $274 with sales.
FIRE INSURANCES.-Both Hongkongs and Chinas have ruled quiet with small sales at $336 and 896 and $96 respectively, closing with sellers at quotations.
SHIPPING.-Hongkong, Canton, and Macaos continue completely neglected at $34 and we 'have no sales to report. Indo-Chinas with shares offering from Shanghai and the Coast Poris have further declined to $564 ex div. after small sales at $58, $57, and $564; market closes quiet at last rate. China and Manilas have been quieter, a small lot on offer at $74 having failed to find a buyer; at $73, however, Douglases, buyers cannot be accommodated.
after touching $65, declined to $64), closing with sales and sellers. China Mutuals are still un- saleable at quotations.
REFINERIES-China Sugars, after a long period of nominal rates, changed hands in the early part of the week at $110, and later at 8111; at time of writing shares are still in small deinand at the latter rate. Luzons have changed hands at $674 and $68, closing steady at latter rate.
MINING.-Panjoms, after receipt of the news of the June olean up (600 oz. smelted gold) hardened a little, and changed hands at $141; $144, and $15; at time of writing the market is weaker, with sellers at $144, owing chiefly to the information received from the mines that the cyanide process will not be able to be carried on for part of the month on account of the supply of chemicals having run short. Raubs have changed hands at $5.25 and $5.35, closing steady to strong. Balmorals are enquired for, and small sales have been effected at $2.50 with firm offers for tele- graphing; however, it is probable shares could -be obtained at the rate. Jelebus have declined to $3, after further sales at $3.10. Charbon- nages stock has been dealt in to a small extent at $80.
CHINA OVERLAND TRADE REPORT.
DOCKS, WHARVES, AND GODOWNS.-Hong | Marine Insurahoe.-China Traders' shares; were kong and Whampoa Docks, with all June settle-purchased from Hongkong at $78), and from local ment shares taken off the market, have ruled holders at $79 North Chinas changed hands at An extensive business was done în much firmer, and sales have been effected at Tis. 195. 184, 185, 185, and 186 per cent. prem., and at Yangtszes at $145 to 150 cash, $147) for August, equivalent rates for August and September; at; and 155 to $157 for September. The market time of writing shares are wanted at 186 cash, closes strong with buyers for cash. Straits have been sold at $28 and $7 to Hongkong, and $27} but none seem to be obtainable. Kowloon
to $27 locally for cash, $37 for the 31st current, Wharves have changed hands at $51 and $51, and $29 and $27 for 31st August. We quote shares being still wanted at the latter rate.
$26.75 as the closing rate, with sellers. Firs Insurance.-Hongkongs are unchanged. Chinas Wanchais are neglected with no business.
LANDS, HOTELS, AND BUILDINGS.-Hong. have been placed at $95. Wharfs.-Shanghai and kong Lands have continued in request, resulting Hongkow Wharf shares have been placed at in further sales at $73. Hotels have further Tls. 117. The new issue of 399 shares has been declined to $23, after small sales at $24. West made, and the capital of the Co. now consists of Points have found buyers at $18, and Hum-20,000 shares of Tls. 100 each, of which 15,000 are issued. Tugs and Cargo Boats.-Shar ghai Cargo phreys at $9.
Bont shares have changed hands at 8. 201 and Tls. 202). Sugars. Perak Sugar Cultivation shares were sold at Tls. 45 cash, and Tla. 44 for delivery on the 31st current. China Sugar Refin ing shares have been placed at $108 for July and $110 for August. Lands.-Shanghai Land Invest- ment shares been sold at Tls. 80 cum dividerd‘on Tis. 30. Industrial-Shares in Major Brothers were placed at Tle. 44. Other stocks are un- changed. Miscellaneous,-Shanghai Waterworks shares changed hands at Tls. 256. A large busi- ness was done in Shanghai-Sumatra Tobaccos hares at Tls. 90 cash, and 11s. 95 and Tls. 94 for 31st August. Shanghai-Langkat Tobacco shares were sold at Tle. 650 cash, and Tls. 610 for the 91st current. Hall & Holtz shares were sold at $32, and shares in J. Llewellyn & Co. at $50, Loans, Shanghai & Hongkew Wharf Debentures were placed at Tls 110, plus the accrued interest.
Quotations are:--
Islands MISCELLANEOUS.-Green
have changed hands at $17, Watsons at $124, and Browns at $7. Fenwicks have been on offer at $27 without finding buyers and $27 would probably be accepted. We have nothing else to report under this heading.
COMPANY.
Closing quotations are as follows :
PAID UP. QUOTATIONS.
[$352, buyers $125 182 p. ct. prem.
£5 nominal £1 10s. nominal
Banks
Hongkong & S'hai...... China & Japan, prf.
Do. ordinary... Do. deferred... Natl. Bank of China
B. Shares Founders Shares.. Bell's Asbestos E. A.. Brown & Co., H. G. Campbell, Moore & Co. Carmichael & Co. China Sugar Dakin, Cruicks❜k & Co. Dairy Farm Co. Fenwick & Co., Geo. Green Island Cement... H. & China Bakery Hongkong & C. Glas Hongkong Electric H. H. L. Tramways Hongkong Hotel Hongkong Ice
H. & K. Wharf & G...]: Hongkong Kope... H. & W. Dock Insurances-
Canton. China Fire
China Traders'
£1
£8
£2, buyers
$29, sellers
£1 $110, sellers 15s. $7, sellers $50 $6, sales $10 $5
$20 $8
$100 $111, buyers
$5 $0.50 sales.
$10
$5
$25 $27, sales & sellers $10 $17, buyers $50 $30
£10 $110, buyers
$8 $7
$100 $96.
$50
$23, sales
$25
$108
$50
$51, sales & buyers
$50
$126, sellers
$125
186 p. ct. prem.=
($357.50; s. & b
$50
$200
$50
$96, sellers
$25
$79, sales & sellers
Hongkong Fire
$50
$336, sellers
North-China
£25
Tls. 200
Straits Union
$20
$27, sales
$25
$237, sal. & sellers
$60
$150, buyers
$50
$73, sales & buyers
$10
$9, sellers
$30
$18, sellers
$40 $18, sellers
Yangtsze
Land and Building-
H. Land Investment. Humphreys Estate... Kowloon Land & B. West Point Building Luzon Sugar Mining
Charbonnages Jelebu.... New Balmoral Oliver's Mines, A..
Do.
Punjom
B....
Do. Preference... Raubs
Steamship Coys.-
China and Manila ... China Mutual Ord... Do. Preference... Douglas S. 8. Có. H, Canton and M... Indo-China S. N. Wanchai Warch se Co. Watson & Co., A. 8 ...)
$100 $68, sales & buyers
Fcs. 500 $80, sales.
tops, salest
$3
$2.50, buyers $5 $8, sellers $2 $4, sellers $4 $144, sales $1 $3.70, sales 13s. 10d. $5.35, sales
$50 $74
£5 £3, sellers £10 £810, sales & sellers $50 $841, sales & sellers $15 $34, sellers £10 $504, sales & sellers $37) 845
$10 $12.50, sal. & buyers CHATER & VERNC N, Share Brokere.
4
SHANGHAI, 3rd July-(From Messrs. J. P Bisset & Co.'s report.)-Banks.-Hongkong and Shanghai Bangking Corporation.The market was drooping until the 30th when shares were placed at 188 per cent. premium, for delivery on the 31st current. Next day shares were forced off at 182 per cent. premium, and a sale was made yesterday at 185, which we quote as the closing rate. Shipping. Indo-China S. N. Co.-Shares have changed hands at Tls. 48 cash, Tls. 49 for July, and Tls. 47 for August. Hongkong, Canton and Macao Steamboat shares were sold to Hong kong at $8+, for delivery on the 15th and 31st current. Dooks-Boyd & Co. shares are wanted, and S. C. Farnham & Co. shares are offering
•
Hongkong and Shanghai Banking Corporation.
-$3561.
National Bank of China, Ld.—$29.
National Bank of China, Id., Founders.-$115. Bank of China, Japan, and The Straits, Limited,
pref. shares.--Nominal.
Bank of China, Japan, and The Straits, Limited,
ordinary shares.—Nominal.
Bank of China, Japan, and The Straits, Limited,
deferred shares.—£2.
1
Indo-China Steam N. Co., Ld.—Tla 42. China-Mutual Steam Nav. Co. pref. ebares.-
£8.50.
China-Mutubl Steam Nav. Co. ord. shares.--
£3 18. 6d.
Hongkong, Canton and Macao Steamboat Co.
-£33)
Douglas Steamship Co., Ld.-$62).
Rovd & Co., Ld., Founders.-Tls. 300. Boyd & Co. Limited.-Tls. 207.50.
S. C. Farnham & Co.-Tls, 210.
Hongkong and Whampoa Dock Co., Ld.—$348§. China Traders' lusurance Co., Ld.-$79. North China Insurance Co., Ld.—Tls. 195. Union Insurance Society of Canton, Ld.— $?30. Yangtaze asce. Assocn., Ld.—3150.
Canton Insurance Office, Ld.—$200.
Straits Insurance Co., Ld.—26).
Hongkong Fire Insurance Co., Ld.~$3314. China Fire Insurance Co., Ld.-$93.
Shanghai & Hongkew Wharf Co.-Tis. 1174. Birt's Wharf Hide-curing and Wool-cleaning
Company.-Tls. 55.
Hongkong and Kowloon Wharf and Godewn
Company, Limited.—$54.
Sheridan Consolidated Mining and
Company, Limited.--Tlf. 34.
Panjom Mining Co., Ld.-$16.
Milling
Punjom Mining Co., Ld., pref. shares.-$3.90. Jelebu Mining & Trading Co., Ld.—§3.30. Raub Australian Gold Min. Co., Ld.—$5}. Shanghai Tugbeat Co, Ld.-Tls. 210. Taku Tug & Lighter Co., Ld.-T. Tla. 115. Shanghai Cargo Boat Co.-Tls. 2024. Co-operative Cargo Boat Co.--Tls. 185. Perak Sugar Cultivation Co., Ld.—Tls. 44. China Sugar Refining Co., Ld.-$1071. Luzon Sugar Refining Co., Ld.—$654. Shanghai Land Investment Co., Ld. (fully paid).
Tla. 81 Shanghai Land Investiment Co., Ld. (Tle. 30 paid).
-Tls. 6
Hongkong Land Invest. & A. Co., Ld.—§714. Kowloon Land & Building Co., Ld.~$19.
-$91.. Humphreys Estate and Finance Co., Ld.-- Major Brothers, Limited.-Tl8. 44). Ewo Cotton Spinuing & W. Co., Ld.-T(s. 87). International Cotton Man. Co., Ld.-Tls: 97- Laon-kung-mow Cotton Spinning and Weaving
Co., Lal. Tls. 100.-
Li
Soy Chee Cotton Spinning Co., Ld.-Tls, 400. Shanghai Ice Company-Tle. 155. Shanghai Gas Co.-'ls. 260. Shanghai-Waterworks Co.; Ld.-Tis. 256. Shanghai Sumatra Tobacco Co.-Tls. 30,
L